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Alaska

FIPS 02 · Population 735,706
6 Sources Updated June 22, 2026
735,706 ▼
Population
334,922,499 U.S.
$92,788 ▲
Median Income
$80,734 national
$71.6B
GDP
4.6%
Unemployment
4% national
Community Data / United States / Alaska

County Map

Click a county to view its economic profile

Demographics & Population

Census Bureau American Community Survey 2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
Median Household
$92,788
Per Capita
$46,573
Mean Household
$118,985
Poverty Rate
10.1% ▼

Age & Race / Ethnicity

Source: Census Bureau ACS 2024 · Tables B01001, B02001, B03003
65+: 13.8% (101,694 residents) 55-64: 11.9% (87,791 residents) 35-54: 25.5% (187,410 residents) 18-34: 24.7% (181,632 residents) Under 18: 24.1% (177,179 residents) 36 Median Age
Cohorts
Under 18 · 24.1%
18-34 · 24.7%
35-54 · 25.5%
55-64 · 11.9%
65+ · 13.8%
Race & Ethnicity
White59.6%
Black or African American3%
Asian6.4%
Hispanic or Latino(any race)7.3%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2024 · Table B15003 · Population 25+
93.6%
High School+
National: 89.6%
▲ +4.0 pts
31.7%
Bachelor's+
National: 35.7%
▼ 4.0 pts
11.8%
Graduate+
National: 14.1%
▼ 2.3 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
735,706
Population
383,088
Labor Force
Employed
338,408
Unemployment Rate BLS LAUS 2024 annual
4.6%
Mean Commute 7 min below national avg
19.4 min
Work From Home vs 15.1% national
9.7%
Alaska's median household income sits 15% above the national median. At 10.1%, its poverty rate runs 2.4 pts below the ~12.5% national level, relevant for federal funding eligibility narratives. Bachelor's-or-higher attainment of 31.7% trails the national average of 35.7%.
Source: U.S. Census Bureau American Community Survey 2024 5-Year Estimates (released December 2025). Figures reflect the most recent Census release, older news reports may cite prior vintages.
Key Takeaways
  • Income premium: Households earn well above the national median, supporting strong consumer markets statewide.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$71.6B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · SAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
IndustryEmployment% of Top SectorsAvg Wage
1Health Care and Social Assistance		 51,033 31.4%
$76,500
2Retail Trade		 34,818 21.4%
$43,200
3Transportation and Warehousing		 23,129 14.2%
$90,844
4Professional, Scientific, and Technical Services		 13,616 8.4%
$97,973
5Mining, Quarrying, and Oil and Gas Extraction		 13,098 8.1%
$169,951
6Administrative and Support and Waste Management		 12,004 7.4%
$64,710
7Wholesale Trade		 6,444 4.0%
$78,009
8Management of Companies and Enterprises		 3,259 2.0%
$124,055
9Educational Services		 2,647 1.6%
$46,546
10Utilities		 2,590 1.6%
$118,421
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Key Takeaways
  • Largest sector: Health Care and Social Assistance employs 51,033 workers (31.4% of the tracked sectors), at an average wage of $76,500.
  • Economic scale: State GDP of $71.6B (2024).
Source: BLS QCEW + BEA Regional GDP.

Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces specialization the supersector view masks.
Scenic and Sightseeing Transportation
37.47x
2,417
Oil and Gas Extraction
13.26x
3,306
Support Activities for Mining
10.28x
5,843
Mining (except Oil and Gas)
9.85x
3,950
Water Transportation
8.05x
1,178
Air Transportation
5.30x
6,473
Food Manufacturing
2.34x
8,882
Telecommunications
2.28x
2,888
Utilities
2.02x
2,590
Support Activities for Transportation
1.97x
3,437

Attraction Opportunities - Below-Average Industries

LQ < 0.5, below-average employment, potential attraction targets. Source: BLS QCEW · 3-digit NAICS sub-sector
0.03x
Chemical Manufacturing
55 employed
0.03x
Primary Metal Manufacturing
22 employed
0.04x
Plastics and Rubber Products Manufacturing
54 employed
0.07x
Computer and Electronic Product Manufacturing
141 employed
0.10x
Apparel Manufacturing
17 employed
0.13x
Miscellaneous Manufacturing
165 employed
0.14x
Warehousing and Storage
587 employed
0.17x
Fabricated Metal Product Manufacturing
517 employed
Key Takeaways
  • Top specialization: Scenic and Sightseeing Transportation concentrates at 37.47x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.
Source: BLS QCEW sub-sector Location Quotients.
Industry Employment Composition
Alaska's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of the top private supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2024 5-Year Estimates · Tables B25001, B25077, B25064
$352,900 ▲
Median Home Value vs 2019
$1,419 ▲
Rent/Mo
66.8% ▲
Owner-Occ
17.6% ▼
Vacancy
3.8x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents (Statewide)

Renter-household-weighted average across 30 Fair Market Rent areas · Source: HUD · Fair Market Rents FY2026
Studio
$1,134/mo$698 to $1,688
1 Bedroom
$1,231/mo$767 to $1,719
2 Bedroom
$1,591/mo$973 to $2,191
3 Bedroom
$2,180/mo$1,353 to $2,652
4 Bedroom
$2,609/mo$1,596 to $2,901
30% of monthly median household income (~$2,320/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 3.8x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • Elevated vacancy: 17.6% vacancy rate; potential redevelopment opportunity.
Source: Census ACS housing tables.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2024 · Tables B01001, B23025, B08303, B08301
456,833 ▼
Working Age (18-64) vs 2019
Labor force participation rate: 68.6% of working-age population (18-64) 69% Participation
▼ vs 2019
Mean Commute
19.4 min
Work From Home
9.7%

Education & Talent Pipeline

Source: Census ACS 2024 · Table B15003 · College Scorecard
Bachelor's+
31.7%
HS Diploma+
93.6%
Top Institutions
Degrees, certificates, and other credentials awarded last academic year (College Scorecard).
University of Alaska Anchorage 1,895/yr
Charter College 1,305/yr
University of Alaska Fairbanks 1,209/yr
University of Alaska Southeast 463/yr
Alaska Career College 215/yr
Alaska Pacific University 138/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
19.2%
55-64 of working-age population (18-64)

Workforce by Occupation

Source: Census ACS 2024 · Table C24010 · Civilian employed population 16+
Management / Professional
39.8%
Service
17.7%
Sales & Office
19.2%
Construction / Maint.
11%
Production / Transport
12.3%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 338,408 employed workers.
Key Takeaways
  • Short commutes: 19.4-minute mean commute is a quality-of-life and labor-access advantage for site selectors.
Source: ACS workforce data.

Borough & Census Area Profiles

30 boroughs and census areas in Alaska

Aleutians East Borough FIPS 02013 Aleutians West Census Area FIPS 02016 Anchorage Municipality FIPS 02020 Bethel Census Area FIPS 02050 Bristol Bay Borough FIPS 02060 Chugach Census Area FIPS 02063 Copper River Census Area FIPS 02066 Denali Borough FIPS 02068 Dillingham Census Area FIPS 02070 Fairbanks North Star Borough FIPS 02090 Haines Borough FIPS 02100 Hoonah-Angoon Census Area FIPS 02105 Juneau City and Borough FIPS 02110 Kenai Peninsula Borough FIPS 02122 Ketchikan Gateway Borough FIPS 02130 Kodiak Island Borough FIPS 02150 Kusilvak Census Area FIPS 02158 Lake and Peninsula Borough FIPS 02164 Matanuska-Susitna Borough FIPS 02170 Nome Census Area FIPS 02180 North Slope Borough FIPS 02185 Northwest Arctic Borough FIPS 02188 Petersburg Borough FIPS 02195 Prince of Wales-Hyder Census Area FIPS 02198 Sitka City and Borough FIPS 02220 Skagway Municipality FIPS 02230 Southeast Fairbanks Census Area FIPS 02240 Wrangell City and Borough FIPS 02275 Yakutat City and Borough FIPS 02282 Yukon-Koyukuk Census Area FIPS 02290

AI Insights

AI-assisted analysis, drawn from 6 federal data sources

Sample AI Insight

Alaska shows strong potential for scenic and sightseeing transportation attraction, with a 37.47x concentration and 2,417 jobs in this sub-sector.

Cluster depth across scenic and sightseeing transportation, oil and gas extraction, and support activities for mining creates supply-chain attraction leverage, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025
BEA Regional GDP2024
Census CBP2024
HUD Fair Market RentsFY2026
USAspending.govFY2026

Frequently Asked Questions

Key economic and demographic figures for Alaska, from federal data sources.

What is the population of Alaska?

735,706 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Alaska?

$92,788 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Alaska?

4.6% (2024 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Alaska?

$71.6B (BEA SAGDP (state GDP)).